~I'm just glad I moved some of my ETH earlier when fees was just around $5 and transitioned to BSC dex and dapps. I'm currently happy using Pancakeswap and Bakery. I'll probably just wait after the planned ethereum hardfork is done before moving erc-20 tokens.
I am a loyal fan of Ethereum, but right now I'm thinking of Cardano, BSC, TRON or Tomochain. I understand the BNB price increase is perfectly reasonable. We are no longer patient enough to wait for the development of ETH2.0.
Do you think Ethereum will lose a lot of users during this period? Will this make Ethereum lose its top altcoin position? Will Ethereum fall before the massive rise of new blockchains?I don't know if it will ever lose its no. 2 position per market cap again. There are still user base who prefer the more decentralized ethereum chain with its more nodes compared to BSC. Cardano smart contracts will be launched soon though.
I'm sure this problem will be resolved soon, many have complained about the problem of this high Ethereum transaction fee. Ethereum certainly doesn't want to lose the trust of its community.I thought the same, but this has been going on for a long time. And now it seems to me they will never solve this problem. But I really want them to solve this problem.
Due to the high gas, I can't use the ethereum network and its wallet to withdraw altcoins to exchanges. If the gas price continues to rise, then it makes no sense to participate in projects with erc-20 tokens. I hope that Ethereum-2 will solve this problem.
There are probably only 3 reasons why we continue to love Ethereum:this reason is most appropriate and answers all questions
+ Experienced #DevelopmentTeam ;
+ Large community: many users, many projects, the popularity of ERC-20 tokens;
+ The best decentralization in blockchains, about 9000 nodes instead of 21 nodes like other blockchains.
I really hope that the Ethereum team is trying to speed things up before they miss the bull-run.for this problem it seems that ethereum owners are already thinking about going even faster.
We really know that everybody is likely sick because of this high transaction fee charged when transferring the erc20 token. This may be one of the weaknesses of the Ehereum platforms and e don't know when it will be solved. But yeah it is really bad to know this
Indeed, the competition for Ethereum is so intense that it creates very high transactions and this is more than anything else that happens in any market.in fact, there are no problems with transactions. it all comes down to the fact that there are high fees available, but for most users this is a real trifle, given the cost of Ethereum and its growing rate, as well as the huge cost of many DeFi and other fairly demanded projects. If Ethereum had a problem, then its price would fall at a rapid pace.
I also can't see anything we want to do with Ethereum so Ethereum has a problem with transactions and it hurts a lot. But now I see this Ethereum transaction GAS around 22 gwei.
In fact the biggest problem was the high etherium transaction fees. The biggest problem for Bounty Hunters was that they could get $50 to $60 in tokens from any spelling campaign. It turned out to be offered on the Etherium platform but would have cost a transaction fee of $40 to $50 to sell, so Etherium's popularity has plummeted and prices have not risen. But the current situation is that with Ethereum's transaction fees falling, Ethereum's price is only rising.
Recently Ethereum network fees are lower than. Before days. But you should notice that Ethereum network fees depends on number of transactions. When Ethereum transactions number increase then Ethereum network fees also increase.in vain many did not trust good information about reducing the cost of transactions. today we see exactly what the Ethereum developers previously stated. commissions are lowered, and Ethereum is steadily climbing up to the moon.
Two days ago, while transferring tokens, I noticed that the Ethereum network fee has come down a lot, but lately I have noticed that the Ethereum network fee has become the same again. Etherium authorities should take steps to reduce additional gas fees quickly.
The cost of gas fees may not be the same as it was in the past. Transaction fees are much lower than in the past. So now everyone can transfer tokens. No problem. Before, gas fee was the biggest problem. But now the problem has been solved due to the low amount of gas fee.You are right, currently Ethereum Gas costs are getting cheaper. So we can trade happily. But remember every time we want to make a transaction, make sure you check it first, because the cost of Gas Eth can go up quickly. Ethereum realizes that there is now a competitor who could take its place if it didn't lower these transaction fees.
The cost of gas fees may not be the same as it was in the past. Transaction fees are much lower than in the past. So now everyone can transfer tokens. No problem. Before, gas fee was the biggest problem. But now the problem has been solved due to the low amount of gas fee.You are right, currently Ethereum Gas costs are getting cheaper. So we can trade happily. But remember every time we want to make a transaction, make sure you check it first, because the cost of Gas Eth can go up quickly. Ethereum realizes that there is now a competitor who could take its place if it didn't lower these transaction fees.